India’s Energy Overview

April 2024
 Content
s
1. Primary Energy Mix in India 16. India’s Monthly Peak Electricity Demand and Supply
2. Per-Capita Energy and Electricity Consumption 17. Monthly Peak Electricity Demand for the top 5 states
3. India’s Electricity Capacity Mix (Utility-scale) 18. Monthly Coal Statistics
4. India’s Electricity Addition in last 5 years 19. Petroleum Products Market Scenario
5. State-wise Solar Installed Capacity 20. Daily Prices of Crude Oil
6. State-wise Wind Installed Capacity 21. Gas Market Scenario
7. RE Potential and Installed Capacity 22. Daily Prices of Gas
8. India’s Electricity Generation Mix 23. Status of Electric Mobility in India
9. Source-wise PLF/ CUF 24. Recent Interventions to Promote Renewable Energy
10. Thermal Generation Loss and Reasons for Forced Outages 25. Key Highlights or Announcements of April 2024
11. Indian Electricity Exchange (IEX) Market Snapshot
12. National and State-level Electricity Demand
13. India’s Monthly Electricity Requirement and Supply
14. Monthly Electricity Demand for the top 5 states
15. National and State-level Peak Electricity Demand

2
India’s Energy Overview April 2024
 Primary Energy Mix* in India
Source-wise Primary Energy Supply (mtoe)* Sector-wise Energy Consumption (mtoe)
900 847 600
553
778 526 518
759 513 49
744 495
724 55
750 500 47 43
45
58 37 58
55 58 53
55 51 57
56

Energy Consumption (mtoe)

600 245 400
Energy Supply (mtoe)

237 218 111 129

233 213 110 112
103

450 300 41
40 45 43
43

300 200
502
423 444 417 441 235 242 228 240
225
150 100

0 0 20 20 21 21 22
2018-19 2019-20 2020-21 2021-22 2022-23 (P)
2018-19 2019-20 2020-21 2021-22 2022-23
Coal Oil Gas Nuclear Hydro Renewables (P) Agriculture Commercial Industry Non-Energy
Total
Other Residential Transport Total
3 *Excluding biofuels, waste, and other
India’s Energy Overview April 2024
non-commercial source of energy
 Per-Capita Energy and Electricity Consumption
Per-Capita Energy Consumption (ktoe/capita) Per-Capita Electricity Consumption
(kWh/capita)
1331
700 1400
616 1255
1208
583 1181 1161
600 1200 1149
564 557 1122
538 534 537 1075
517
500 1000

400 800
In ktoe

In kWh
300 600

200 400

100 200

0 0
2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022- 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
23
4 Note: Per Capita energy consumption is(P)
calculated on energy supply basis.
India’s Energy Overview April 2024
 India’s Electricity Capacity Mix (Utility-scale)
April 2023 April 2024
Oil & Gas, 25, 6% Oil & Gas, 25, 6%

Nuclear, 7, 2% Nuclear, 8, 2%
Hydro, 47, 11% Hydro, 47, 10%

Non-Fossil Fuel, Solar, 67, 16% Non-Fossil Fuel, Solar, 83, 19%
Coal, 212, 51% 179, 43% Coal, 218, 49% 200, 45%

Wind, 43, 10% Wind, 46, 10%

Other RES, 16, 4% Other RES, 16, 4%

*Capacity Numbers are in GW

Total Capacity: 417 GW Total Capacity: 443 GW

• India’s electricity generating capacity is 443 GW as on Apr’2024 [coal 218 GW (49%), solar 83 GW (19%), hydro 47 GW (10%), and wind 46
(10%)].
• As on Apr’2024, the share of non-fossil-based electricity capacity is 45% against the set target of 50% non-fossil capacity by 2030.
• As on Apr’2024, India’s renewable energy capacity (including large hydro) stood at 192 GW out of 443 GW.

5 Source: CEA
India’s Energy Overview April 2024
 India’s Electricity Capacity Addition in last 5 years
Source-wise Net Capacity Addition (GW)
30.0 72% 100%
25.9
25.0 80%
3.3

Share of Capacity Addition in

Net Capacity Addition (GW)

Total Capacity Addition (%)

20.0 17.3 60%
16.6
14.0 1.1
15.0 2.3 15.0 40%
12.0
2.1
1.6 22%
10.0 20%
13.9
6.4 5.5 12.8
1.4
5.0 0%
4.4 4.2 5.7
1.2
0.0 -20%
2019-20 1.4
2021-22 2023-24
2020-21 2022-23
-5.0 -40%
Hydro
Coal Oil & Gas Wind
Nuclear Solar% of
Other RES Total coal
% of RE Capacity capaci
• A total capacity Addition
of 61 GW of generation capacity ty
has been added in RE (Hydro, solar, wind, and other RES) over the past 5 years, whereas the net coal capacity
added adde
addition during the same period was 17 GW, mostly in the central sector.
d
6 Source: CEA & MNRE
India’s Energy Overview April 2024
 State-wise Solar Capacity Solar Capacity as on April 2024 (GW)

as on April 2024
*North-Eastern states have
State-wise installed capacity of Solar Power (GW) 0.24 GW of installed
capacity. solar
Solar
Ground Component Total Solar
States Mounted Rooftop Off Grid Power
in Hybrid
Rajasthan 17.63 1.19 1.98 0.66 21.47
Gujarat 9.64 3.51 0.59 0.06 13.80
Karnataka 8.09 0.59 0.00 0.04 8.72
Tamil Nadu 7.64 0.62 0.00 0.07 8.33
Maharashtra 3.85 2.07 0.00 0.39 6.31
Telangana 4.36 0.39 0.00 0.01 4.76
Andhra Pradesh 4.30 0.20 0.00 0.09 4.59
Madhya Pradesh 3.60 0.35 0.00 0.10 4.05
Uttar Pradesh 2.45 0.27 0.00 0.22 2.93
Haryana 0.27 0.61 0.00 0.62 1.50
Punjab 0.89 0.36 0.00 0.08 1.32 Solar Installed Capacity (GW)
Chhattisgarh 0.75 0.08 0.00 0.39 1.21
83
Kerala 0.32 0.68 0.00 0.02 1.02 Off-grid Solar
3
67
Uttarakhand 0.30 0.26 0.00 0.01 0.58 12 3
2 9 GR: 23% Hybrid Solar
Others 0.94 0.84 0.00 0.27 2.05
2 Comp.
All India 65.02 12.01 2.57 3.04 82.64
Rooftop Solar
65
54
Others include- Andaman & Nicobar, Arunachal Pradesh, Assam, Bihar, Chandigarh, Dadar & Nagar Haveli,
Daman & Diu, Delhi, Goa, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Ladakh, Lakshadweep, Ground
Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Puducherry, Sikkim, Tripura, West Bengal, Others Mounted Solar
Apr'2023 Apr'2024
7 Source: MNRE
India’s Energy Overview April 2024
 State-wise Wind Onshore Capacity Wind Capacity as on April 2024 (GW)

as on April 2024

State-wise installed capacity of Wind (Onshore) Power

States Installed Capacity (GW)

Gujarat 11.78

Tamil Nadu 10.61

Karnataka 6.22

Maharashtra 5.21

Rajasthan 5.20
Wind Installed Capacity
(GW)
Andhra Pradesh 4.10
46.16
42.87
Madhya Pradesh 2.84 GR: 8%

Telangana 0.13

Kerala 0.06

India Total 46.16

Mar'2023 Mar'2024

8 Source: MNRE
India’s Energy Overview April 2024
 RE Potential and Installed Capacity (1/2)
RE potential in the state

National Potential National Potential National Potential

(NIWE)- 695.51 GW (MNRE)- 748.99 GW (MNRE)- 1656 GW

As per NIWE’s latest assessment, wind

potential at 150m agl is 1164 GW. Market potential for SPV rooftop is
9 124 GW. Source- MNRE
India’s Energy Overview April 2024
 RE Potential and Installed Capacity (2/2)
RE Installed capacity as a Percentage of the total resource potential in the state as on April 2024

*Calculation is based on the ground-

10 mount solar installed capacity. Source: CEA & MNRE
India’s Energy Overview April 2024
 India’s Electricity Generation Mix
Source-wise Generation Mix
160 152 100% 2,000 100%
3% 3% Non-
141 5 4% 5%
7% 7% fossil Non-
140 11 21% 1,800 1,739 6% 7% fossil
4 5% 26%
8 6% 3% share 1,624
10 83 10% 8%
4 80% 2% 19% 80% share
2% 1,600 3%
120 9 2% 72 116 3% 24%
4
4 102 2%
134 1%
2 1,400
162 48
100
46 32
60%
Generation (BU)

1,200 60%

Generation (BU)
Generation (%)

Generation (%)
24
80
1,000

60 40% 78% 79% 800 40%

120 74%
109 73%
1,295
600 1,182
40
20% 400 20%

20
200

0 0% 0 0%
Apr'2023 Apr'2024 Apr'2023 Apr'2024 2022-23 2023-24 2022-23 2023-24

11 NOTE: The generation data for Apr’2024 is provisional. Source: CEA

India’s Energy Overview April 2024
 Source-wise PLF/CUF
Source-wise PLF/ CUF in April (%) Source-wise PLF/ CUF Comparison (%)
Apr'2023 2022-23
Apr'2024 2023-24
90% 90%

80% 76% 80%

74%
71% 77%
69%
70% 72% 70%
72%

60% 60% 64%

50% 50%

40% 40%
39% 32%
30% 30%
24%
20% 21%
26% 19% 18% 19%
20% 20%
21% 14% 22%
14% 19% 19% 20%

10% 14% 14% 6% 10%

11%

0% 0%
Coal Oil & Gas Nuclear Nuclear Hydro Solar Wind Other RES
Hydro Solar Wind Other RES Coal Oil & Gas

12
India’s Energy Overview April 2024 NOTE: The PLF/CUF data is based on provisional generation for Apr’2024. Source: CEA & MNRE
 Thermal Generation Loss and Reasons for Forced Outages
Forced Outages for April over the years
40% 30%

Others
Average
35% 25%
Year/ Month Forced Outage
24% 25% Share
No Power Purchase
30% Agreement
FY 2021-22 24%

Yearly Average Forced Outage (%)

20% Reserve Shut Down
25% 18%
Yearly FY 2022-23 18%
Generation Loss (%)

20% Coal and Other Fuel

20%
20% 15% Shortage FY 2023-24 12%
1% 1% 12%
1% 2% 16%
Technical Reason
15% 2% 14%
Apr’2022 16%
5%
9% 10%
3% 1%
10% Monthly Forced
10% 1% Monthly Apr’2023 14%
3% 9% Outage
1%
1% 5%
12% Financial Year Apr’2024 9%
5% 10%
8% Average Forced
7% 7%
Outage (sec. axis)
0% 0%
Apr'2020 Apr'2022 Apr'2023 Apr'2024

13 Apr'2021 Thermal includes only Coal and Lignite Plants. Source: ICED
 Indian Electricity Exchange (IEX) Market Snapshot
Market Clearing Prices of last 7 days of April 2024
Real Time Market Day Ahead Market (DAM) Green
DAM
12

Sunday
10

8
Price (Rs/kWh)

0
03:00

00:00

15:00

12:00

03:00

00:00

15:00

12:00

03:00
00:00

06:00
09:00
12:00
15:00
18:00
21:00

03:00
06:00
09:00
12:00

18:00
21:00
00:00
03:00
06:00
09:00

15:00
18:00
21:00
00:00

06:00
09:00
12:00
15:00
18:00
21:00

03:00
06:00
09:00
12:00

18:00
21:00
00:00
03:00
06:00
09:00

15:00
18:00
21:00
00:00

06:00
09:00
12:00
15:00
18:00
21:00
24-04-2024 25-04-2024 26-04-2024 27-04-2024 28-04-2024 30-04-2024
29-04-2024

14 In April 2023, CERC revised the price ceiling from ₹12/kWh to ₹10/kWh in the power exchange market. Source: IEX
India’s Energy Overview April 2024
 National and State level Electricity Demand
State-level Electricity Demand as a percent of National Demand (%)
Electricity Electricity Gap (BU)
Month Demand (BU) Supply (BU) (+/-)

Apr’2022 135 132 2.8

Apr’2023 130 130 0.3
Apr’2024 144 144 0.1

Electricity Electricity Gap (BU)

Apr-Mar Demand (BU) Supply (BU) (+/-)

FY 2021-22 1380 1374 6

FY 2022-23 1513 1506 8
FY 2023-24 1626 1622 4

15
India’s Energy Overview April 2024
NOTE: The demand represented above includes intra state T&D losses. Source: CEA
 India’s Monthly Electricity Requirement and Supply
2022-23
132 135 133 128 130 127 127
140 122 125 118
114 110
135 136 134 129 131 127 126 127
105 122 119
114 110
70
35
0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar

2023-24
Electricity (BU)

175 151 141

130 137 140 140 139 134 139
140 119 123 127
14 14 15 14
105 13 13 14 135 13
2 11 123 128
0 7 1 1 2 0 9
70 9
35
0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar

2024-25
175 144
140
105 14
4
70
35
0
Apr Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
16 Source: CEA
May
 Monthly Electricity Demand of the top 5 states
States with Highest Electricity Demand in April (BU) States with Highest Electricity Demand (BU)
Apr'2022 Apr'2023 2021-22 2022-23
Apr'2024 2023-24
20.0 250.0
18.5
17.8
18.0
207.1
17.5
16.0 200.0 187.3
14.0
14.0
12.6 13.1 13.1 12.4
172 .8 148.8 145.8
Electricity Demand (BU)

Electricity Demand (BU)

12.0 11.2 150.0 144.3
139.0
10.5 126.2
11 .4 11 .1 114.8
10.0 9.5 107.4
129 .4
8.6 124 .0 101.8
8.0 7.3 100.0 109 .8

89. 8
6.0

4.0 50.0

2.0

0.0 0.0
Maharashtra Uttar Pradesh Tamil Nadu Karnataka Maharashtra Uttar Pradesh Gujarat Tamil Nadu
Rajasthan
17 Gujarat Note: P is Provisional
Source: CEA
 National and State level Peak Electricity Demand
State-level Peak Electricity Demand (GW)
Peak Demand Peak Supply Gap(BU)
Month (GW) (GW) (+/-)
Apr’2022 216 207 8.7
Apr’2023 216 216 0.2
Apr’2024 224 224 0.0

Peak Peak Gap (BU)

Apr-Mar Demand Supply (+/-)
(GW) (GW)

FY 2021-22 203 201 2

FY 2022-23 216 207 9

FY 2023-24 243 240 3

18
India’s Energy Overview April 2024
Source: CEA
 India’s Monthly Peak Electricity Demand and Supply
2022-23
207 204 212 200 205 211 210 209
210 190 195 187 187
216 20 212 200 206 211 21 209
192 197 187 18
140 6 1
8
70

0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Peak Demand (GW)

2023-24
280 236 240
216 221 223 209 222 205 214 222 222 222
210 239 243
216 222 224 209 222 205 214 224 222 222
140
70
0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar

2024-25
280 224
210
224
140
70
0
Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
19 Source: CEA
India’s Energy Overview April 2024
 Monthly Peak Electricity Demand of the top 5 states
States with Highest Peak Electricity Demand in April (GW) States with Highest Peak Electricity Demand (GW)
Apr'2022 Apr'2023 2021-22 2022-23
Apr'2024 2023-24
35.0 35.0
30.9 31.2
30.9
30.0 28.6 28.9 30.0 28.7
27.4
25.5 23.9 28.1
23.5 24.8
25.0 25.0
25.0 21.5
19.5 20.3
Peak Demand (GW)

Peak Demand (GW)

20.0 21.5 19.0 20.0 19.1
21. 1 17.0 17.7 18.3
19. 5 17.3
16.1
17. 3 16. 9
15.0 15.0 15. 9
14. 7

10.0 10.0

5.0 5.0

0.0 0.0
Maharashtra Uttar Pradesh Gujarat Tamil Nadu Karnataka Maharashtra Uttar Pradesh Gujarat Tamil Nadu Madhya
Pradesh
20 Source: CEA
India’s Energy Overview April 2024
 Monthly Coal Statistics
Coal (incl. lignite) Production (in Million Tonnes) International Coal Prices
600
83 1040
Date Richard Bay Newcastle
76
71 11 937 30-Apr-2024 - 142
154 500
10 826
8 9 123
113
9 91
9 111 400

In Million Tonne
In Million Tonne

112

Price (USD/Tonne)
300

58 62 774
53 703
623 200
142

90
100
101
Apr'2022 Apr'2023 Apr'2024 2021-22 2022-23 2023-24

01-04-2021
01-06-2021
01-08-2021
01-10-2021
01-12-2021
01-02-2022
01-04-2022
01-06-2022
01-08-2022
01-10-2022
01-12-2022
01-02-2023
01-04-2023
01-06-2023
01-08-2023
01-10-2023
01-12-2023
01-02-2024
01-04-2024
India’s coal (incl. lignite) production increased in Apr’2024 (83 MT) by
8% as compared to Apr’2023 (76 MT).
Indonesian Coal Richard Bay Coal Newcastle Coal
21 Source: Ministry of Coal
India’s Energy Overview April 2024
 Petroleum Products Market Scenario (1/3)
Petroleum Product-wise Production & Consumption (MMT)
30 300
276
267
25 25 254
24
25 250 233
223
21 21 84
80
20 75 202
7 8 8
20 200 63
62
Numbers in MMT

Numbers in MMT
7 6
5 53
15 150
114 116
10 10 10 107 90
8 86
8 8 77
10 100

3 31 35 37
5 4 3 4 3 4 50 40 43 45
1 1 1 13 12 14
2 1 2 20 17 18
2 2 3 28 29 30
0 1 1 1 0 12 13 13
Production Consumption Production Consumption Production Consumption Production Consumption Production Consumption Production Consumption
Mar'2022 Mar'2023 Mar'2024 2021-22 2022-23 2023-24

Others include ATF, SKO, LDO, Lubes, FO, LSHS, Bitumen, pet coke, and others.

Abbreviations: ATF- Aviation Turbine Fuel, FO- Furnace Oil, HSD- High-Speed Diesel, LDO- Light Diesel Oil, MS- Motor Spirit (Petrol), SKO- Superior Kerosene Oil, LSHS- Low Sulphur
Heavy Stock, LPG- Liquefied Petroleum Gas, MMT- Million Metric Tonne
22 NOTE: The data is available latest up to March’2024 Source: PPAC
India’s Energy Overview April 2024
 Petroleum Products Market Scenario (2/3)
Import/Export of Crude Oil and Petroleum Products (‘000 Tonnes)

Monthly Yearly
Petroleum
Products Import/ Export
Mar'22 Mar'23 Mar'24 2021-22 2022-23 2023-24

Import 19031 20928 20694 212382 232700 233118

Crude Oil Export 0 0 0 0 0 0
Net Import 19031 20928 20694 212382 232700 233118
Import 1438 1410 1589 17043 18335 18461
LPG Export 37 52 48 513 540 525
Net Import 1401 1359 1541 16530 17796 17936
Import 5 4 4 43 322 35
Diesel Export 3365 2483 2433 32407 28494 28193
Net Import -3360 -2479 -2429 -32364 -28172 -28158
Import 0 0 0 671 1069 717
Petrol Export 1600 1508 1338 13482 13127 13461
Net Import -1600 -1508 -1338 -12812 -12058 -12743
Import 2227 2938 2240 21259 24871 28701
Others Export 1741 2003 1840 16352 18854 20258
Net Import 486 935 400 4907 6017 8444

*Others include ATF, Naphtha, SKO, LDO, Lubes, FO, LSHS, Bitumen, pet coke, and others.
23 NOTE: The data is available latest up to March’2024 Source: PPAC
India’s Energy Overview April 2024
 Petroleum Products Market Scenario (3/3)
Region-wise Share in Import of Crude Oil (%) Regional share of Imported Crude Domestic and Imported Crude Oil
100% oil in February 2024 share in India (%)

14% 26% 1.5%

80% 5% 37%

13% 8% Europe
3%
60% 7% 34%
5%
4% Eurasia
5% 46%
Asia Total Import-
40% 18 MMT 88% 89% 89%
Africa
64%
55% South America
20% 46%
North 6%
America 2% 7% 4%
Middle East
0%
2021-22 2022-23 2023-24 (upto
Feb'2024)
12% 11% 11%
Total Import of Crude Oil (MMT)

Total Import 2021-22 2022-23 2023-24 2021-22 2022- 2023-24

23
Domestic Crude Oil Imported Crude Oil
Crude Oil 212 233 233

24 NOTE: The data is available latest up to February’2024 Source: MoPNG and PPAC
India’s Energy Overview April 2024
 25
Dollars per Barrel

20
40
60
80

0
100
120
140
01-04-2021
01-05-2021
01-06-2021
01-07-2021
01-08-2021

India’s Energy Overview April 2024

01-09-2021
01-10-2021
01-11-2021
01-12-2021
01-01-2022
01-02-2022
Daily Prices of Crude Oil

01-03-2022
01-04-2022
01-05-2022
01-06-2022
01-07-2022

Brent
01-08-2022
01-09-2022
WTI 01-10-2022
01-11-2022
01-12-2022
Daily Prices of Crude Oil

01-01-2023
OPEC Basket

01-02-2023
01-03-2023
01-04-2023
Date

01-05-2023
30-Apr-2024

01-06-2023
01-07-2023
88
Brent

01-08-2023
01-09-2023
83

01-10-2023
WTI

01-11-2023
01-12-2023
Prices of Crude Oil (Dollars per Barrel)

88

01-01-2024
OPEC
Basket

01-02-2024
01-03-2024
01-04-2024
 Gas Market Scenario
Region-wise Share in Import of LNG (%) Country Share of Imported LNG in Domestic and Imported Natural Gas
100% February’2024 share in India (%)
10% 9% 11%
90% 1% 1%
8% 4% 3%
4%
80% 4% 4%
13% 4% Others
70% 13%
14% 13% Cameroon
60% 13% 48% 44% 46%
3%
14% Nigeria
50% 16%
Oman 9%
40% 43%
Angola Total Import-
30% UAE
54% 2.14 MMT
20% 43% 45% USA 6%
Qatar
10% 3%

0% 6%
2021-22 2022-23 2023-24 (upto
16% 56% 54%
Feb'2024) 52%

Others include- Equatorial Guinea, Trinidad, Cameroon, Egypt,

France, Algeria, Belgium, Indonesia, Turkey, Russia, Spain, Malaysia,
Brunei, Netherlands, Norway, and others.
Total Import of Liquified Natural Gas (LNG) (MMT)
2021-22 2022- 2023-24
Total Import 2021-22 2022-23 2023-24
23
Domestic NG Imported NG
LNG 23.42 19.85 23.33

26 NOTE: The data is latest available Source: MoCI and PPAC

India’s Energy Overview April 2024
 27
Price (USD/MMBTU)

20
40
60
80

0
100
120
01-04-2021
01-05-2021
01-06-2021

Date
01-07-2021

30-Apr-2024
01-08-2021

India’s Energy Overview April 2024

01-09-2021 2
NG

01-10-2021
01-11-2021
Daily Prices of Gas

01-12-2021
10
LNG

01-01-2022
01-02-2022
01-03-2022
Prices of Gas (USD/MMBTU)

9
NG

01-04-2022

Henry Hub NG
Henry Hub Japan/ Korea Dutch TTF

01-05-2022
01-06-2022
9

01-07-2022

Trade
IGX Trade

01-08-2022
01-09-2022
Japan/ Korea LNG
01-10-2022
01-11-2022
Gas Daily Market Price

01-12-2022
01-01-2023
01-02-2023
Dutch TTF NG

01-03-2023
01-04-2023
IGX

01-05-2023
MMBTU- Million Metric British Thermal Unit

01-06-2023
01-07-2023
01-08-2023
01-09-2023
01-10-2023
01-11-2023
01-12-2023
01-01-2024
01-02-2024
01-03-2024
01-04-2024
 Status of Electric Mobility in India
National EV registration Cumulative State-wise EV registration EV and ICE sale composition in 2023-24
(in Thousands) as on 1st May 2024 (in Thousands) 54% 2%
5% 7%
100%
4500
4120
80%
4000 214
India's Total EV registered: 60%
3500 4120 Thousand

3000 176 40%

8
2500 20%

2000 1677 0%
2 Wheeler 3 Wheeler 4 Wheeler & Total
1500 99 others
1183
53 633 ICE EV
1000 402 213
459 8 Provisional Monthly EV registered
500 23 945 (in Thousands)
184 728
253 209
0
2021-22 2022-23 2023- Total 154 142 145
24 Registration Delhi- 294 112
(till 1st May 142
2024)
2 Wheeler 3 Wheeler
4 Wheeler & others Total Nov'2023 Dec'2023 Jan'2024 Feb'2024 Mar'2024 Apr'2024

28 Source: VAHAN Dashboard

India’s Energy Overview April 2024
 Status of Electric Mobility in India
Top 10 States for Electric Vehicles (in Thousands)
as on 1st May 2024

Uttar Pradesh (UP) 106 697

9 UP = 812

Maharashtra (MH) 402 28 MH = 470

39
Karnataka (KA) 330 15 30 KA = 375

Delhi (DL) 98 172 24 DL = 294 Sale composition of EV and ICE in the top 10 states for 2023-24
100% 5%
Rajasthan (RJ) 156 90 12% 10% 9% 9% 8% 7% 6% 5%
9 RJ = 255 11%
80%
Tamil Nadu (TN) 217 14 18 TN = 249
60%
203 BR = 238 95% 95%
Bihar (BR) 88% 89% 90% 91% 91% 92% 93% 94%
1 40%
33
Gujarat (GJ) 177 8 GJ = 200
15 20%
Assam (AS) 7 159 1 AS = 167
0%
DL KL AS KA UP MH BR RJ TN GJ
Kerala (KL) 128 10 KL = 159
ICE EV
20
29 2 Wheeler 3 Wheeler 4 Wheeler & others Source: VAHAN Dashboard
India’s Energy Overview April 2024
 Recent Interventions to promote Renewable Energy
Solar
Under the PLI scheme, the GOI has
announced INR 19,500 crores to incentivize
the manufacturing of domestic solar PV
modules.
PM-Surya Ghar: Muft Bijli Yojana relaesed
with a total outlay of Rs. 75,021 crore for
installing rooftop solar (RTS) for one crore
households. The scheme provides a CFA of
Rs 30,000 for a 1 kW RTS system, Rs 60,000
for a 2kW RTS system, and Rs 78,000 for a
3kW RTS system.
The inter-state transmission charges are
waived for 25 years for the projects being
commissioned before 30th June 2025.
The updated RPO compliance supports solar
integration of up to 33.57% of the electricity
purchased by DISCOMs/states till the year
2029-30.
PM KUSUM scheme has been extended till
Mar’26 to install pump sets up to 15 HP in
selected areas.
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India’s Energy Overview April 2024
Wind
Reverse auctions have been scrapped for wind
projects. A traditional two-part (technical and
financial) bid system has been put in place.
To support off-shore wind, SECI will invite bids
for up to 4GW to set up offshore wind plants off
the coast of Tamil Nadu and Gujarat.
The ISTS charges are waived for 25 years for the
onshore projects being commissioned before
30th June 2025 and for off-shore projects on or
before 31st December 2032.
The updated RPO compliance supports WIND
integration of up to 6.94% of the electricity
purchased by DISCOMs/states till the year
2029-30.
The National Repowering & Life Extension
Policy for Wind Power Projects- 2023, for wind
power projects is released for the optimum
utilization of wind energy resources by
maximizing energy (kWh) yield per sq. km of the
wind project areas.
The GoI has decided to invite bids for 50 GW of
RE annually, which includes up to 10 GW of
wind capacity.
Energy Storage
Ministry of Power has released the guidelines
for the development of PSP with the target of
26.7 GW of PSP and 47.2 GW of BESS to
integrate with RE capacity till 2032.
PLI scheme unveiled for setting up 50 GWh ACC
battery storage with an outlay of ₹18,100
crores.
Under the Waste Management Rules 2022, the
disposal of waste batteries in landfills and
incineration is prohibited and the recycling of
waste batteries is made mandatory.
CERC, under RRAS regulation, has allowed the
use of energy storage in secondary and tertiary
ancillary support.
The Energy Storage Obligation of DISCOMs is
pegged at 4.0% up to 2029-30.
Under the aegis of MNRE, SECI has successfully
commissioned India's largest BESS plant,
featuring a 40 MW/120 MWh BESS alongside a
solar PV plant with a installed capacity of 152
MWh, located in Rajnandgaon, Chhattisgarh.
Green Hydrogen (H2)
National Green Hydrogen Mission (NGHM)
was approved by the Cabinet in January
2023. The mission aims to meet the target of
5 million metric tonnes of green hydrogen
production by 2030. The initial outlay for the
Mission will be INR 19,744 crores.
MNRE has released the scheme guidelines
for the implementation of pilot projects for
the use of Green Hydrogen in the shipping,
steel, and transport sectors under the
NGHM.
MOP has extended the waiver of
ISTS charges from 30th June 2025 to
31st December 2030.
Indian Railways to run 35 Hydrogen trains
under “Hydrogen for Heritage” at an
estimated cost of ₹ 80 crores per train and
ground infrastructure of ₹ 70 crores per
route on various heritage/hill routes.
Jindal Stainless Ltd., in collaboration with
Hygenco commissioned India’s 1st green
hydrogen plant in the stainless steel sector at
Hisar, Haryana, which aims to reduce CO2
emission by 2,700 metric tonnes per annum.
 Key Highlights or Announcements of April 2024
• The Ministry of New and Renewable Energy (MNRE) has extended the deadline for submission of proposals under R&D Scheme for Green
Hydrogen from 12th April 2024 to 12th May 2024.

• The Ministry of New and Renewable Energy has released the draft guidelines for implementation of PM-Surya Ghar: Muft Bijli Yojana for the
component of Central Financial Assistance Component in the residential sector.

• The Ministry of Power has issued directions to all Gas-Based Generating Stations under Section 11 of the Electricity Act, 2003, to ensure
maximum power generation from these plants. The order aims to optimize the availability of power from gas-based generating stations
during this high-demand period. This measure is intended to help meet the high electricity demand in the country during the summer
season, and it will remain valid for the generation and supply of power from 1st May 2024, to 30th June 2024.

• The Ministry of Power has constituted an independent Thermal Project Monitoring Group (TPMG) for the monitoring the execution of
Thermal Power Projects that are under implementation. This group has been constituted to conduct site inspections and provide detailed
report outlining the findings of the site visit and progress review of each site of the Thermal Power Project under implementation by a
Central/State utility and IPPs. The report shall also include the latest photographs of the critical areas and achievements.

31
India’s Energy Overview April 2024
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